Phoenix Marketing International, a wealth research firm, has
ranked the number of millionaire households per capita with Maryland coming in
at the top of the list. It has 169,287 households with investable assets of $1
million or more. That translates to about 7.7 percent of the state's households
claiming millionaire status in 2013.

In comparison, Alabama has 1.9 million total households,
80,138 of which have investible income at least $1 million. That translates to
4.2 percent of households and represents an increase of 1 percent from last
year. That's up slightly from when the list started in 2006, when 3.97 percent
of Alabama households had $1 million.

Rounding out the top five for millionaire states is: New
Jersey (7.49 percent), Connecticut (7.32 percent), Hawaii (7.18 percent) and
Alaska (6.75 percent).

On the other end of the scale, Mississippi (3.63 percent) comes
in at the bottom of the list at number 51 (District of Columbia is included in
the list at number 10). The other states in the bottom five are Arkansas
(3.73), Idaho, $3.67), West Virginia (3.82) and Kentucky (3.84).

Nationwide, the analysis shows there are 6.1 million
households with investible assets of $1 million or more. California, Texas and
New York are home to 25 percent of those but the percentage of millionaires
compared to households is lowered by population density.

And where is the new hot spot for millionaires? North
Dakota. It led the country in the growth of new millionaires per capita last
year. The states added 1,800 new millionaires out of 294,000 households, increasing
its millionaire percentage from 4 percent in 2012 to 4.59 percent in 2013.